North America

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Asia & Middle East

Southeast Asia & Oceania


Indonesia Business Report

General information
Source: The World Factbook - Central Intelligence Agency
260,580,739 (July 2017 est.)
$3.243 trillion (2017 est.)

The largest economy in Southeast Asia

GDP growth rate
5.2% (2017 est.)

One of the highest in the region

GDP (PPP) per capita
$12,400 (2017 est.)


Local currency
Indonesian rupiah (IDR)

Weak currency dependent on commodity prices, however it has remained stable for the past 4 year after a devaluation in 2013

Financial stability (Public debt)
33.1% of GDP (2017 est.)


4% (2017 est.)

Medium to high, slightly increased from 2016

Bahasa Indonesia

English is used for business and is spoken as a foreign language at an intermediate level especially in the main urban areas

Corruption perception index (Source: Transparency International)

High level of corruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018

VAT applies to sales of goods and services within Indonesia at a rate of 10% In addition, some goods (certain household appliances, sport equipment, motor vehicles, luxury residences, etc) are subject to the Luxury-goods sales tax from 10% to 125%
Corporate Tax

25% standard rate The standard rate is halved for small companies (turnover up to 3M EUR) on their first 300k turnover

0% to 150% on the customs value of imported goods

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